This would be great news, if Time Warner wasn’t also planning to start charging broadband customers based on usage. What a great way to increase profits. Change your billing structure so you make more off people who use more, and then offer a service that is sure to make them use more in the process. You got to hand it to the powers that be at Time Warner, they really know how to “grab” ya.

Time Warner Inc pay TV channel HBO will launch a service on Tuesday to let subscribers download movies and television shows over the Web, joining a crowded market for video on the Internet.

The service, HBO on Broadband, will make its debut with a much larger library than its cable-based on-demand service in a stab at satisfying increasingly mobile and choosy viewers.

It will roll out to Time Warner Cable high-speed Internet customers in Green Bay and Milwaukee, Wisconsin, as a free add-on to HBO and HBO on Demand, HBO spokesman Jeff Cusson said.

Of course, they will also make more money from the “add-on” service fee too, so it’s a win-win situation for them either way. Me? I still don’t have HBO. I don’t have an HDTV. I don’t have a tv mount. I don’t even have a cable modem. Wow. I don’t have a lot do I?

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